Browsing Tag
Rystad Energy
4 posts
Ceasefire announced, strait still closed: Oil markets on edge ahead of US-Iran talks
Brent crude fell 12.7% and WTI 13.4% in the week ending April 10, oil's worst weekly loss since 2022, as the Strait of Hormuz remained closed before US-Iran talks.
Record $166 Dubai crude, $220 jet fuel: Iran war rewrites global energy price records
Physical oil and fuel cargo prices hit record highs as the US-Israeli war on Iran disrupts Strait of Hormuz shipping and chokes 12% of global oil supply.
Brent crude tops $105 as Strait of Hormuz remains shut in largest supply disruption in global oil market history
Oil rises to $105 as US-Israeli war on Iran threatens Gulf export terminals and keeps Strait of Hormuz shut in the biggest supply disruption in history.
Trump’s new tariffs send oil prices crashing to 2021 lows—global fuel demand in jeopardy?
Find out how Trump’s latest tariffs are shaking global oil markets and threatening demand—Brent and WTI hit multi-year lows amid trade war escalation.